121 Oak StWest, TX 76691

For Sale
$780,000 View listing
  • Commercial real estate
  • 5,000 SF

Property Details for 121 Oak St

Year built
1903
Construction
BRICK
Lot size
0.16 AC
Property size (Sq ft)
5,000 SF
Zone code
C
Property type
Commercial real estate
APN
500001000021000
APU
500001000021000

Description

This exceptional 5,000-square-foot property located at 121 E Oak Street in West, Texas, presents a rare opportunity to acquire a piece of local history. Built in 1903, this tavern boasts over 65 years of continuous family ownership and operation, creating a rich tapestry of stories and memories. The building's character is undeniable, with weathered wooden floors and ceilings transporting patrons to a bygone era. The expansive bar, complemented by gathering tables, pool tables, and games, has long served as a popular gathering place for locals and visitors alike. Featured in several publications throughout its history, Mynar's Bar offers a unique blend of charm and established clientele. The 0.16-acre lot provides ample space for potential expansion or outdoor seating. With its substantial square footage, the property's potential extends beyond its current use, offering a versatile space for a variety of businesses. The sale includes both the building and the established business. This is a truly remarkable opportunity to own a piece of West, Texas' vibrant heritage and capitalize on its established reputation. The asking price is $780,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,107,215
    Hospitality
    $1,014,203
    Educational
    $843,805
    Medical
    $872,825
    Retail
    $1,312,585
121 Oak St, West, Texas

Location Insight

City
West
County
Mclennan
State
Texas
Latitude
31.8026
Longitude
-97.0911
CBSA code
47380
CBSA name
WACO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,469
$24,500
$47,920
$72,420
-
$24,500
$47,920
$72,420

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].